Dasin Retail Trust trustee-manager hits back at claims in alternate director’s exit letter

Dasin Retail Trust trustee-manager hits back at claims in alternate director’s exit letter

[SINGAPORE] The trustee-manager of Dasin Retail Trust (DRT) rebutted criticism from its former alternate director, who claimed in a resignation letter that his input was snubbed and key financial reports were not published despite his reminders, among other complaints. In a bourse filing on Tuesday (May 20), the trustee-manager set out to address the assertions…

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Chevron seeks big oil and gas blocks in Indonesia

Chevron seeks big oil and gas blocks in Indonesia

Chevron is seeking blocks with potential reserves of around 15 trillion cubic feet of gas Published Tue, May 20, 2025 · 08:58 PM [TANGERANG, Indonesia] US oil major Chevron is interested in exploring and developing oil and gas assets in Indonesia with sizeable reserves, Djoko Siswanto, chairman of its upstream oil and gas regulator SKK…

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RHB names its S-Reit top picks on softer interest cost pressures, minimal tariff impact

RHB names its S-Reit top picks on softer interest cost pressures, minimal tariff impact

[SINGAPORE] RHB analysts maintained their “overweight” call on Singapore-listed real estate investment trusts (S-Reits) amid “softer interest cost pressures” – particularly for Singapore-centric Reits.  This comes as most S-Reits under RHB’s coverage report lower overall interest costs, as “sharp falls” in domestic rates have benefited interest costs, said RHB analyst Vijay Natarajan in a Tuesday…

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Hong Kong dollar funding cost drops in FX intervention aftermath

Hong Kong dollar funding cost drops in FX intervention aftermath

Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022 Published Tue, May 20, 2025 · 03:23 PM [HONG KONG] Hong Kong’s key interbank borrowing cost slumped following foreign-exchange intervention by the city’s authorities, fuelling bearish bets against the local dollar. The one-month Hong Kong interbank…

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